"While another $2-4 Trillion in QE might indeed be successful in keeping the bubble inflated for a while longer, there is a limit to the ability to continue pulling forward future consumption to stimulate economic activity. "
"Economists were projecting that Japan’s GDP would shrink by 3.8 percent on an annualized basis in the fourth quarter, but instead it greatly surpassed expectations by plunging 6.3 percent."
"The Diamond Princess is anchored off the coast of Yokohama, Japan at this moment. There are 2,666 passengers and 1,045 crew members on board, and the ship has been placed under strict quarantine since Tuesday."
"As TTIP has not been ratified, the EU trades with the United States under WTO terms, modified by such bilateral agreements. There are in fact 147 agreements listed on the EU Treaties database as being in force between the USA and the EU."
Professor Neil Ferguson claims that this virus is "as deadly as the Spanish flu epidemic".
"Governments especially in Europe are increasingly being more and more influenced by childless politicians and activists who have the infinite free time to push their agenda, while those with families are far too busy and too economically fragile to fight back."
"Gold hit $1620 last night before sliding back a tad."
A low level of economic complexity isn’t necessarily a problem. Many countries with middle-to-low scores in the ranking have great standards of living and a high level of wealth. Countries like Canada, Norway, and Australia were all well down the list.
If you look at the G20 countries, the twenty largest economies in the world, at least 80% of them are already in decline.
When the debt bubble pops so will other liabilities like the $1.5 quadrillion of derivatives.
The EU is a graveyard of low growth.
The use of metals and the advancement of human civilization have gone hand in hand — and throughout the ages, each metal has proved its worth based on its properties and applications.
Today, the U.S. dollar is the world’s most powerful reserve currency, making up over 61% of foreign reserves. The dollar gets an extensive network effect from its use abroad, and this translates into several advantages for the multi-trillion dollar U.S. economy.
If you’ve ever flown cross-country in a window seat, chances are, the bright lights at night have caught your eye. From above, the world tells its own story—as concentrated pockets of bright light keep the world’s economy thriving. Today’s visualization relies on data compiled by CityLab researchers to identify the world’s largest megaregions. The team defines megaregions as: Areas of continuous light, based on the latest night satellite imagery Capturing metro areas or networks of metro areas, with a combined population of 5 million or higher Generating economic output (GDP) of over $300 billion, on a PPP basis The satellite imagery comes…
Today, we are facing a global economic slowdown, an impeachment crisis in Washington and a rapidly escalating trade war simultaneously, and it seems like almost everyone on Wall Street is suddenly talking about “the coming recession”. In such an environment, any piece of bad news is going to push stocks lower, and that is certainly what happened on Wednesday…
For those in Japan and Germany celebrating that the exit from nuclear is providing an opportunity to embrace solar and wind energy, a sad slap of reality has also occurred. Not only have energy costs skyrocketed wherever green energies been built, but the toxic waste caused by those photovoltaic cells far outpaces anything produced by the dirtiest nuclear reactor.
Dr. Toshi Yoshihara is a Senior Fellow at the Center for Strategic and Budgetary Assessments (CSBA) in Washington, D.C. Prior to joining CSBA, he held the John A. van Beuren Chair of Asia-Pacific Studies and was an affiliate member of the China Maritime Studies Institute at the Naval War College, where he taught strategy for ten years. He is the co-author of Red Star over the Pacific: China’s Rise and the Challenge to U.S. Maritime Strategy, Indian Naval Strategy in the Twenty-first Century andChinese Naval Strategy in the 21st Century: The Turn to Mahan. He is also co-editor of Strategy in the Second…
International comparisons of mathematics achievement were begun in 1964 by the International Association for the Evaluation of Educational Achievement (IEA). Over a period of almost four decades, the highest achieving systems have been Japan, and, as they successively joined the study, Korea, Singapore, Hong Kong and Taiwan. In 1964, Japan was virtually tied with Israel for first place and retained that rank on the Second International Mathematics Study (SIMS) in 1981, while Israel had dropped to 12th place. In 1995, on the Third International Math and Science Study (TIMSS), Japan had dropped to 3rd place and then to 5th place…